Allen_Ex

Allen_Ex Updated 

The market fluctuates very quickly. When I prepared my strategy, I only had time to tell my friends who were following me and I haven't published it here yet. Now, the bulls are on a strong offensive, and the resistance continues to focus on the 2192-2196 range, with strong resistance at 2202. My strategy is very simple, which is to go short near the...

Allen_Ex Updated 

The gold market fluctuated violently today, and the 2192-2196 we expected has been reached today. At this point, the rise has basically ended, and what is left is a volatile downward trend. The low must be at least around 2134. So the next idea is very simple. Go short on rallies. If you are patient, you can leave some high short orders and wait for them to be...

Allen_Ex Updated 

The strategy of going long first today is very good. Currently, the main force is that the bulls have not completely relieved their efforts. In the 2h chart, there is still a wave of upward momentum, supporting around 2169-2162. If it falls back, you can continue to go long. The probability of going up is very high during today's U.S. market time or tomorrow's...

Allen_Ex Updated 

The bulls are very strong today. After breaking through 2183, they quickly rose to around 2200 and fell back after hitting strong resistance. The current support is 2181-2186, and the resistance continues to focus on 2196-2202. The US market is trading in this range, and we should be wary of the possible double top pattern. Once the pattern is formed, it will...

Allen_Ex Updated 

Today we successfully touched the resistance of 2183. There is a high probability that there will be a pullback near 2185-2189, but the bulls are not done yet. The pullback supports 2178-2174. Go long again without falling below the support. The strong resistance this week is around 2192-2196. If there is news to cooperate, it should be able to touch around...

Allen_Ex Updated 

The 1H chart shows that the bears are showing signs of exerting force. For the rest of the day, we will continue to focus on the resistance near 2183. Tomorrow, the Asian market will give priority to shorts and support 2162-2158.

Allen_Ex Updated 

Let’s first look at the support in the 80.5-80.2 range. If the support is valid, go long. The indicators are now more favorable to shorts, with resistance around 81.3. If it falls below 80.2, there will be a small rebound, but 80.5-80.8 will become strong resistance, so the risk of shorting is smaller and the profit opportunity is greater.

Allen_Ex Updated 

Our short trade was very successful today with considerable profits. Congratulations to those who followed. At present, in the 30m chart, the indicator needs to be repaired, so in tomorrow's session, the trade will be long at a low level first. After rebounding to around 2186-2192, observe the resistance. If it cannot break through, start shorting. The strong...

Allen_Ex

The large-level trend has turned bearish. Try to focus on high-altitude trading, and be cautious when going long. Judging from the current trend, the resistance is mainly concentrated around 68000 and the support is around 64000. Trade around this range first. If it falls below 64000, you can make a small rebound. Don’t be too greedy when trading. Close the...

Allen_Ex Updated 

The indicators in the small-level chart began to show the weakness of the bulls, but the bulls at the 1h level have not yet exerted force, indicating that there is still room for upwards. After the market opens on Monday, we will continue to pay attention to the resistance breakthrough of 2169 first, followed by the vicinity of 2174-2183. If it can break...

Allen_Ex Updated 

The head is composed of a double top. The current form is closer to the head and shoulders . Once confirmed, the market will inevitably fall sharply, so my trading view is to go short as much as possible. The important resistance is 66,000, the support is around 58,000, and the target is 53,000-52,000. This is a large trading space that requires sufficient...

Allen_Ex Updated 

Affected by the news, gold suddenly rose and broke through the previous high. It continued to rise after the opening today. It currently maintains a shock above 2200. The indicators have begun to show signs of weakness. Try to go short at this stage and pay attention to the resistance in the 2215-2221 range. If the bulls are strong, the high may touch around...

Allen_Ex

Many times, the market has its own rules to follow. As long as you have enough experience, surviving in the market and having the last laugh is not as difficult as you think. If you can't do it, just follow someone who can and let him lead you. This is the gold 30m chart. I have shrunk it a lot. It is not difficult to see from the chart that it is currently at...

Allen_Ex Updated 

When it came to around 2145, it started to rebound. I hope everyone followed my point of view and made money! At present, it has signs of falling back. Pay attention to the support of 2157-2152. If the support is effective, it will rise again. 2164-2172 will still be resistance. If it falls below the support, it will fall to a lower position, and 2145-2134...

Allen_Ex

After breaking through the downtrend channel, gold once again reached the resistance range of 2164-2172, and the technical form is temporarily favorable to the bulls. From the perspective of the overall general trend, this adjustment is not over yet, so large-level transactions are still based on high-level short selling. The target is the 2143-2134 range....

Allen_Ex Updated 

It is currently in a very obvious downward trend channel. As long as the resistance is not broken, shorts will have a great chance to make money. So in yesterday's view, I mentioned the resistance of 2164, and the market fell back after hitting this point. It is now in the middle position. Whether it is long or short, there are actually opportunities, but...

Allen_Ex Updated 

Today's short trade was very successful, I hope everyone made money. Now, after a wave of adjustments, the market is temporarily showing signs of rebound. The focus should be on the resistance of 2168-2172 above. If there is no breakthrough here, the trend will still be short-selling. Strong resistance is at 2180-2186. From a trend perspective, the...

Allen_Ex Updated 

Hello everyone, the data on the number of initial jobless claims will be released in one hour. I think it has a high probability of being beneficial to gold shorts, so I plan to go short in today's data trading. If you want to follow, please strictly control the risk. Because the market has already experienced a surge, short sellers are likely to use the data...